Vice President Dr. Mahamudu Bawumia, is set to launch a Credit Scoring System in October 2024.
This initiative, a key focus of his campaign, aims to make it easier for Ghanaians to purchase items on credit and pay in installments.
According to Dr. Bawumia, this move will shift the country from a cash-based economy to one that supports credit, offering a boost to small businesses and young entrepreneurs.
Speaking at a campaign event in Assin Fosu, he highlighted the system’s potential to foster economic growth, create jobs, and enhance opportunities for individuals to access credit.
Dr. Bawumia noted, “This system will open up new opportunities for individuals and small businesses to access credit, which in turn will drive economic growth and job creation.”
During the event, the Paramount chief of Afutuakwa Traditional Area, Okumanin Baffour Asare Kyeahene II, appealed to Dr. Bawumia to fix the bad roads in the Assin Central Constituency, a matter of great concern for the community.